According to sources close to the matter, Sprint is unlikely to make a counteroffer for MetroPCS Communications as it is focusing on closing its $20.1-billion deal with Japan’s Softbank
Sprint Nextel Corp.’s Dan Hesse and his board are expected to meet for the second time this year to consider whether to buy MetroPCS Communications Inc. The verdict may be different this time.
Deutsche Telekom and MetroPCS are planning to merge their U.S. mobile operations, creating the fourth largest mobile provider in the U.S.